517 Josephine St - Residential LAND FOR SALE


Denver, CO 80206- Cherry Creek4,792 SF
$1,550,000 USD
303-261-6587
517 Josephine St, Denver, CO for Sale
$1,550,000 USD
Residential LAND - FOR SALE
1/46
4,792 SF

517 Josephine St
Denver, CO 80206
Cherry Creek


HIGHLIGHTS

  • Best neighborhood in Denver; surrounded by multimillion dollar properties.
  • Primed for redevelopment G-RH-3 Zoning.
  • Habitable and making money now. Keep it as two units or open up the entire home to live in or rent!

OVERVIEW

Your buyer must be pre-approved to show this home. Schedule showings directly through me. Agent/REALTOR owner. I live in the upper unit of this home. The lower level is currently being used as an STR. I've considered renting out each level independently, or opening up the home and renting out the entire place. Check zoning - This is my understanding of what current use allows only and not a guarantee. You must independently verify with the city and county of Denver for your buyer(s). This property appears to be zoned for two 3-story tall town homes with an additional ADU in the back - a 3-bay garage with another residential unit on top of the garage. The upside to this property is significant! As it sits now, it's making money. Buy now, build equity, develop later! Incredible area - 1 block to amazing restaurants, Cherry Creek Mall 2 blocks away, HUGE garage with electricity, new roof, new water heater, remodeled kitchen upstairs and downstairs. Both bathrooms have been remodeled. Back yard is GORGEOUS and private. Zero traffic noise inside. Stamped concrete patio, professional landscaping, beautiful trees and newer fence. Lovely sun porch at the front of the home, fully finished and currently being used as an office space and additional living space. LED and solar lighting features. This home has been well maintained, loved and cared for. One of the original homes in Cherry Creek North! Buyer and buyer agent to verify ALL. There's lots of possibilities with this one. Check zoning with the city and county of Denver. This is a lovely home in a wonderful neighborhood and is move in ready! This home is being sold strictly as-is! No repairs or concessions will be made. I am also advertising this home for rent and whichever happens first, is the path I'll go! Pictures may reflect staging items.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/ACRE

$14,090,909/AC

PRICE/SF

$323 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

517 Josephine St

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units - Condo, Single Family Development, Single Family Residence

LAND ACRES

0.11 AC

LAND SF

4,792 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

G-RH-3

APN/PARCEL ID

5016-34-034

ASK ABOUT THIS PROPERTY

Sara HankensonSara Sells ColoradoMore Info
303-261-6587

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Sara HankensonSara Sells ColoradoMore Info
303-261-6587

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.